JC, Journal Square, New Jersey NJ 07306
Price: $1,850,000
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Listing ID: 220001692
Status: ACTIVE
Total Baths: 6 Bath
Full Baths: 6 Bath

VERY RARE OPPORTUNITY to own 1 of the best buildings, in eastern Journal Square district Jersey City. Located on the border of Journal Square & Downtown JC, this 6-unit building is just a 10 minute walk from the Journal Sq. PATH train or 18 minutes to Grove St PATH train & restaurants. This is a TRUE TURN-KEY investment, with a strong & steady positive income, at a 5.3% CAP return. VERY EASY to self manage, with all tenants responsible to take out their own garbage. All units and common area access on electronic keypad locks. Brand new water main pipe connection to street just replaced in 2021, and roof fully resurfaced & refinished in 2020.

Primary Features

Area: JC, Journal Square
Number of Units: 6
Estimated Gross Income: 132360
Estimated Operating Expense: 37266
Type of Construction: Brick/Fram
Number of Parking Spaces: 4
Items Included: All appliances & fixtures. Copies of all leases & bills (after accepted offer).
Items Excluded: Tenants' personal property

Interior Features

External Features

Covered Parking: No
Free Standing: yes
Number of Stories: 3

Location Information

Between: 1/2 block off west Palisades
Block: 08205
Lot: 00008
Section: Journal Square

Financial Details

Sale/Rent: For Sale
Tax Database ID: 3
Tax ID: 87558
Tax Property ID: 090687558
Taxes: 22500


Charge: yes
Fuel: Gas
Phase: Single

Zoning Info

© 2022 Hudson County Multiple Listing Service (HCMLS). The data relating to real estate for sale or rent on this web site comes in part from the IDX program of the HCMLS. Real estate listings held by brokerage firms other than Hudson Place Realty are marked with the HCIDX mark and the information about them includes the name of the listing broker. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or renting.

Listing courtesy of KELLER WILLIAMS TEAM REALTY (973) 253-2800. Data last updated: Thursday, May 26th, 2022 01:00:41 PM.

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